Homestead B Plan, LaPointe VillageSaint MartinvilleLA70582
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Rental property for sale in Saint Martinville at Homestead B Plan, LaPointe Village, Saint Martinville, LA, 70582 priced at $259,000 converts $2,006/mo rent into $401/mo cash flow after a $1,268/mo obligation. Total monthly income equals $2,006/mo, and annual cash flow totals $4,816/yr on $85,859 invested. Return on cash invested prints 25.52% in year one, and rental yield reads 9.29% against a $259,000 entry. Equity gained on principal adds $1,671/yr, while 5% annual appreciation compiles into $71,557 by year five. Five-year ROI reaches 132.96% and total cumulative return in cash sums $114,160. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,006/mo property income covering a $1,268/mo payment, not borrower’s personal income.
Single Family
Built in 2026
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70582, Saint Martinville, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,657 (100%) |
| Owner Occupied HU | 5,743 (66.3%) |
| Renter Occupied HU | 1,694 (19.6%) |
| Vacant Housing Units | 1,220 (14.1%) |
| Median Home Value | $163,390 |
| Average Home Value | $186,978 |
Housing Distribution
Address Breakdown
Residential
7,825
Single Family
7,703
Multi-Family
122
Businesses
398
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Listed by: N/A • Rhodes Properties and Development
Mls Name: Rhodes Properties and Development
Mls ID: #N/A